Many countries have universal healthcare, what if the United States followed suit: How would the health...

Many countries have universal healthcare, what if the United States followed suit:

How would the health care be financed?

Would there be any limits to put into place?

Who will be in charge of monitoring performance and quality?

Will there be any rationing of care or ability for experimental treatment/ drugs and cosmetic surgery?

Expert Solution

1. The universal health care in the US can be financed by the federal government by firstly analysing the health care requirements of different States and allocating health care budget to each of the States based on the health care requirements of those States. Then the health care spends of different States have to be studied and it should be ascertained whether the allocated budget is sufficient to meet the requirements or not. In case there is any gap, re-financing needs to be done.

2. Yes limits are required to be put into place considering the health care requirements and spends of each of the States. The allocation of health care budget to each State must be in coherence with the budget requirements and limits must be put into place if the State has exceeded its health care spend. In such a scenario, State has to further finance it's remaining health care requirements of that year.

3. The Governors of individual States would be responsible for monitoring performance and quality of healthcare of different States. The execution of healthcare spends and further allocation of budget must be controlled by the Governor of that State. Moreover effective performance and quality of healthcare imparted to the patients must also be monitored by the Governor in order to ascertain that the system is working properly.

4. Yes, there will be rationing of care or ability for experimental treatment/ drugs and cosmetic surgery because these treatments are considered to be extravagant spends and do not fulfill basic healthcare needs of patients. These treatments must not be given priority as treatment and spend on these must be rationed or restricted. The resources must first be allocated to primary or basic health care requirements and then certain portion of budget should be allocated to these treatments.

keosha answered 3 months ago

how many banks does the United States have compared to other countries? That is, many more...

how many banks does the United States have compared to other countries? That is, many more or far fewer? Briefly, what factors explain the great disparity?

Many countries (including the United States and European countries) are forecast to have a severe drop...

Many countries (including the United States and European countries) are forecast to have a severe drop in production this year. a. In this context, do you think that in the coming months there will be an increase or decrease in adverse selection problems in commercial loans? Explain what are adverse selection problems and justify your answer. b. How can an economic crisis affect a bank balance sheet? Will your bank capital increase or decrease? Explain your answers. c. Could a...

Do you feel the United States should have a universal healthcare system? If yes, explain why?...

Do you feel the United States should have a universal healthcare system? If yes, explain why? If no, explain why?

Argue for or against universal health care within the United States. Be sure to discuss the...

Argue for or against universal health care within the United States. Be sure to discuss the impact on the triangle of health care delivery: costs, care, and quality. Support your position.

The saving rate in the United States is low compared to many of the countries with...

The saving rate in the United States is low compared to many of the countries with which the United States currently trades. If the United States was a closed economy, what would be the consequences of that low savings rate? The United States is not a closed economy however, but rather than an open economy. How does that change the answer to the closed economy scenario? Be thorough in your explanation.

What are the institutional foundations in Western countries such as the United States that have fostered...

What are the institutional foundations in Western countries such as the United States that have fostered and cultivated significantly higher economic growth over the last 200 years in comparison to many other places around the globe? What role do property rights and rule of law play in creating an economic environment generating human betterment? There are a large number of critics of the market economy and its growth-sponsoring institutions. Discuss some of the reasons for these “anti-capitalist” views and explain...

Many service-sector jobs in the United States have moved to other countries where these jobs are...

Many service-sector jobs in the United States have moved to other countries where these jobs are done at a fraction of the cost. The outsourcing of jobs overseas is heavily debated by politicians, policymakers, and economists in the United States. Based on your understanding of trade and the benefits and losses from trade, how do you think outsourcing affects social surplus in the domestic economy?

Research and read about universal healthcare efforts in the United States. Using approximately 200 to 400...

Research and read about universal healthcare efforts in the United States. Using approximately 200 to 400 words, provide the pros and cons of universal healthcare in the United States.

Healthcare in the United States

Universal health care has been a topic of interest and debate in the United States. Any...

Universal health care has been a topic of interest and debate in the United States. Any health care system presents both positives and negatives. From your text readings and/or research from the web and/or the virtual library: How would access to care be influenced with the adoption of universal health care? How does access differ from other models of care like an IPA, PPO or a POS model? What drawbacks exist with the adoption of universal health care?

Question